Stockholm (HedgeNordic) – SEB Eureka Fixed Income Relative Value Fund, winner of the 2018 Rookie of the Year award, has expanded its portfolio management team with the hiring of Rasmus Dall-Hansen (pictured right) as a Portfolio Manager.
SEB Eureka Fixed Income Relative Value Fund, a broad-based relative-value fixed income fund that focuses on Scandinavian covered bond, government bond and OTC derivatives markets, had been run by Chief Investment Officer Bo Michael Andersen and Portfolio Manager Tore Davidsen since the fund’s inception in January of last year. Dall-Hansen joins the duo from Danish asset manager Nykredit Asset Management, where he worked as a specialist in fixed income since 2015. Dall-Hansen obtained a Master’s degree in Mathematics-Economics from the University of Copenhagen in 2015.
SEB Eureka has seen its assets under management more than double since launching approximately one and a half years ago. The relative value fixed income hedge fund manages DKK 2.5 billion in assets as of the beginning of June, up from DKK 1.05 billion at the end of January last year. SEB Eureka aims to generate annual returns in the range of 4-8 percent and appears well on track to meet its target for a second consecutive year. The fund returned 4.1 percent last year and gained 3.4 percent in the first five months of 2019.